Friendship Heights Lot 8
Friendship Heights Lot 8
Friendship Heights Lot 8
Friendship Heights Lot 8
Friendship Heights Lot 8
Friendship Heights Lot 8
Friendship Heights Lot 8
Friendship Heights Lot 8
Friendship Heights Lot 8
Friendship Heights Lot 8

Friendship Heights Lot 8 Friendship Heights, Bequia, The Grenadines

$185,438 USD
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Property Details

Property Details

  • 0 Bedrooms
  • 1 Bathroom
  • 0.47 Acres
  • 20604 Sq Ft
  • Space for Pool
  • FOR SALE
  • Elevated location
  • Gently sloping
  • Ocean Views
  • Ocean & Island Views }

Quiet, Residential Location

Friendship Heights is a very peaceful and quiet residential area, benefiting from the cooling trade winds that come up from the ocean. Friendship Heights is only a few minutes away from Friendship Bay, within good proximity of bars, restaurants, beaches and local supermarkets, with the harbour of Port Elizabeth and the airport both a 10-15 drive away.

Situated on the wooded ridge which runs from Saint Hilaire Point up to the 680 ft summit towering over Friendship Bay. This elevated position on the ridge gives astonishing views and a wonderful combination of breeze and shelter.

This plot of land would be ideally suited to accommodate a substantial holiday home or villa.

Island, Bay & Sea Views

Outstanding views over the Southern Grenadines - a perfect position for a property. A villa built upon this elevated, breezy position would enjoy wide panoramic views over across the bay over to the island of Mustique & the uninhabited Battowia and Balliceaux.

Road, Electricity, Cable & Coms

Easily accessed by road, already well connected this plot is in the perfect condition for construction to commence - all infrastructure such as underground electricity, cable, and a new well constructed road are in place and the plot automatically qualifies for planning permission.

Close to Beaches, Bars, Restaurants & Bays

Friendship Heights is located in a central point upon the lower part of the island, just a 15 minute drive from the harbour, and close to both Friendship Bay and Lower Bay beaches. The plot is well connected by road.

This plot is highly recommended, and has great potential for development - a buyer could create an extensive private home in this stunning setting, or create a villa to use as a source of rental income, making the most of Bequia's thriving tourism.

Stunning location with panoramic views

Lot 20 offers absolutely incredible panoramic views overlooking Friendship Bay, Mustique, Petit Nevis, Isle a Quatre and the Southern Grenadines.

This is an exceptional location, with the perfect balance of privacy and accessibility - lot 20 is within good proximity of bars, restaurants, beaches and local supermarkets, with the harbour and the airport both a 10-15 drive away.

Location

Villa Location

Buyer's Guide

Buyer's Guide

Purchasing land in a foreign country can seem like a daunting task. We are here from start to finish of the process, and pride ourselves with a strong relationship with previous buyers, assisting in settling new owners into the island and their property. We are happy to assist with any part, from the handover, relocating, shipping, staffing, and continuing through our rental program.

We extend our full concierge services, and regularly handle all arrangements for potential purchasers visiting the islands for viewings - private or scheduled flights, transfers, accommodation, island briefings, tours and property viewings.

We arrange and lead viewings ensuring they are comfortable, relaxed and well timed. We provided detailed printed material and can photograph aspects of the property which are of particular interest to you, ensuring that all follow up material is focused for you.

From helping you find the right property, assisting in assessment & evaluation, advice on legal processes to various areas surrounding architecture, design, project management, property maintenance, management, and rental.

The entire process can be handled remotely - ie while you are in the UK.

Purchase procedure:

1. Make your offer for your chosen property through us. We present your offer, and work to bring the sale to an agreement with the owner.

2. Appoint a local Lawyer to handle your purchase (list of recommended lawyers can be provided upon request) exchange contact details and discuss the purchase arrangements, as you wish.

3. Sign Agreement of Sale & deposit 10% of purchase price in ESCROW account with the lawyer.

The Agreement of Sale Contract is prepared by the lawyer for approval by both parties, before being finalised and signed by both parties. This is a binding agreement, the only circumstances where you would retrieve the deposit would be if:
- the seller fails to perform (for example if there was not clear title)
- or if your ALHL is not issued (this is extremely rare).

4. Alien Land Holders Licence (ALHL) Application (specific to the property & applied for at the time of agreement of purchase ).

Provide the following details to your local lawyer :
- Date and place of birth
- Copy of passport
- Nationality
- Bank reference (not finances just a letter of reliability)
- Police certificate of clear record (applied for from your local police station or online, in your home country

UK: http://www.acro.police.uk/police_certificates.aspx

The police certificate is usually fairly swift and at least straightforward

The lawyer makes the ALHL application and searches to check clear title on the property

5. ALHL is issued (this usually takes 2 to 3 months).

6. Complete the purchase (you deposit the balance of purchase price and the signed deeds of conveyance are released). At this point the property is yours.


Purchase Costs

Purchase costs are straightforward;
- 5% Stamp Duty
- approximately 6% ALHL
- legal fees
Legal fees are standard and the lawyer you instruct can provide a detailed breakdown of the costs.
We advise allowing 13% to cover the costs.

Ownership

The lawyer can advise on personal or company ownership;
Company ownership provides automatic exemption from work permit. Residency is a simple formality with property ownership.

Many buyers choose to own their property through a company which can be set up easily, the lawyer can advise on the costs and fees for this.

There is no capital gains tax, no inheritance tax and annual property taxes are negligible. Funds can be repatriated freely.

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